May 31, 2011

Cull causes feed grain demand in South Korea to fall

Millions of pigs, cattle and poultry were culled during late 2010 to April this year in South Korea, due to disease, and as a result the demand for feed grain is expected to fall by as much as 10 percent, according to a local feed group. Kim Chi Young, a director for grain purchases at Korea Feed Association, the nation’s top grain-buying group, said in an interview, that Consumption may fall 7-10 percent in 2011 from an estimated 9.35 million metric tons for 2010

South Korea destroyed about 9.7 million cattle, pigs and poultry after outbreaks of foot- and-mouth and bird-flu last winter. “The Korean livestock industry may remain sluggish for a long time after the outbreaks,” said Kim at the group’s headquarters in Seoul. “It will probably take a long while for the pork industry, in particular, to recover.” Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers

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